Screening Filters & Rationale
Market Cap (20B-50B):
- Purpose: Focus on mid-to-large-cap stocks with significant market presence.
- Rationale: These companies offer a balance of growth potential and stability, aligning with bullish investment strategies.
RSI 14 (65-70):
- Purpose: Identify stocks with moderate bullish momentum.
- Rationale: RSI in this range suggests upward price movement without being overbought, reducing risk of a pullback.
Price Above MA200:
- Purpose: Ensure the stock is in a long-term uptrend.
- Rationale: Price above the 200-day moving average indicates sustained bullish sentiment and strong support levels.
Weekly Price Change (% > 0):
- Purpose: Highlight stocks with recent positive performance.
- Rationale: Positive weekly price change confirms short-term bullish momentum.
Monthly Price Change (% > 0):
- Purpose: Confirm consistent upward price movement over a longer period.
- Rationale: Positive monthly performance supports the stock's sustained bullish trend.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.